P
Seller's Agent in 2024
Paul Gustin
Coldwell Banker Realty
(562) 301-7656
1 in this area
13 Total Sales
Outstanding opportunity to bolster your investment portfolio with this bread and butter 6 unit residential income property in West Long Beach, CA. All units are 2 bedrooms and one bathroom with updated interiors. The six units are rented with the property offering a 6.02% cap rate and 11.87 GRM based on current rents, 2023 actual expenses and an estimated new property tax amount. 12 uncovered, tandem parking spaces located in the rear of the building and a convenient onsite laundry room. Popular rental area of Long Beach with close proximity to the Port, Harbor, Terminal Island and neighboring cities such as San Pedro, Harbor City and Torrance. This property has been well maintained and self-managed by owners for over 15 years.
Last Agent to Sell the Property
Coldwell Banker Realty Brokerage Phone: 562-301-7656 License #01179144 Listed on: 02/05/2024
Home Type
Year Built
Lot Details
Interior Spaces
Kitchen
Flooring
Bedrooms and Bathrooms
Laundry
Home Security
Parking
Location
Utilities
Additional Features
Listing and Financial Details
Overview
Building Details
Additional Features
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
03/29/2024 03/29/24 | Sold | $1,600,000 | -3.0% | $410 / Sq Ft |
02/27/2024 02/27/24 | Pending | -- | -- | -- |
02/05/2024 02/05/24 | For Sale | $1,650,000 | -- | $423 / Sq Ft |
P
Seller's Agent in 2024
Paul Gustin
Coldwell Banker Realty
(562) 301-7656
1 in this area
13 Total Sales
Buyer's Agent in 2024
Dave Salzman
Engel & Völkers LA South Bay
(310) 871-5314
1 in this area
75 Total Sales
M
Buyer Co-Listing Agent in 2024
Maria Zuniga
NW Real Estate Brokers
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW24021012